(eyetwist)

Outline For Payday Lending Rules A Good Start, But Not Enough To Fully Protect Consumers

Today, the Consumer Financial Protection Bureau released the first details of long-awaited regulations governing payday loans and other small-dollar lines of credit known to thrust consumers into a devastating cycle of debt. While consumer advocates were quick to applaud the Bureau’s work, and those in the financial industry to voice displeasure with aspects of the potential rules, both groups agreed that the coming months will involve more time and effort to craft meaningful protections for both sides of the issue.  [More]

VIDEO: Angry Homeowners Rally Outside BofA Exec's House

VIDEO: Angry Homeowners Rally Outside BofA Exec's House

Embittered homeowners and activists packed the yard of a Bank of America executive on a recent weekend, and they brought their bullhorn. [More]